The Borneo Post

Seminar attracts over 50 business people

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MIRI: More than 50 people comprising mostly business people attended a seminar Friday which was held at Miri Chinese Chamber of Commerce and Industry (MCCCI) premises here.

The seminar, jointly organised by MCCCI and Malaysian Industrial Developmen­t Finance Berhad (MIDF) touched on current business opportunit­ies and the benefits the people could enjoy from them.

“The business community is a fiercely competitiv­e place and with inflation and rising business cost, the local businesses face a lot of challengin­g issues,” MCCCI chairman Lee Khoi Yun said in his opening speech.

“The Competitio­n Act 2010, minimum wages, foreign worker’s levy, Anti-profiteeri­ng mechanism, legal and regulatory compliance requiremen­t are among issues that have added to the burden of doing business.

“Thus, we are happy to have a speaker from MIDF to share with us a thing or two about government financing and assistance programmes to benefit the manufactur­ing and service

The business community is a fiercely competitiv­e place and with inflation and rising business cost, the local businesses face a lot of challengin­g issues. — Lee Khoi Yun, MCCCI chairman

industries.”

Lee also stressed the importance for the local businesses to understand the country’s financial position and the challenges ahead.

Philip Chan Hong Lih from MIDF shared a topic on financing and government aid funds that are available to the small and medium businesses.

MIDF is a Kuala Lumpurbase­d financial service provider that specialise­s in four core business areas – investment banking, developmen­t finance, asset management and mezzanine financing.

MCCCI committee members and its Young Entreprene­urs Committee members were also present at the seminar.

 ??  ?? Lee presents a souvenir to Chan (second right).
Lee presents a souvenir to Chan (second right).

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